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CBIRS Request 1086
 
Community Budget Issue Requests - Tracking Id #1086
Model City Pilot Project
 
Requester: Carlos Gimenez Organization: City of Miami
 
Project Title: Model City Pilot Project Date Submitted 1/13/2003 5:08:05 PM
 
Sponsors: Diaz de la Portilla
 
Statewide Interest:
Providing affordable housing to low-moderate income families.
 
Recipient: City of Miami   Contact: Ronda Vangates  
  444 SW 2nd Avenue   Contact Phone: (305) 416-1037  
  Miami 33133
 
Counties: Dade
 
Gov't Entity: Yes Private Organization (Profit/Not for Profit):  
 
Project Description:
Includes the development of between 400-500 new homes over the next five years, intended to provide homeownership opportunities to residents in one of Miami's poorest economically deprived neighborhoods. Funding will be made available to assist qualified homeowners and prospective homebuyers in the rehabilitation or purchase of a home through the city's single family rehabilitation and homebuyers' financing programs, as well as homebuyers second mortgage financing, mortgage pre-qualification and counseling programs through participating partners.
 
Is this a water project as described in Chapter 2002-291, Laws of Florida? No
 
Measurable Outcome Anticipated:
Increased homeownership, decreased poverty levels.
 
Amount requested from the State for this project this year: $1,000,000
 
Total cost of the project: $6,000,000
 
Request has been made to fund: Construction
 
What type of match exists for this project? Local
  Cash Amount $6,000,000  
 
Was this project previously funded by the state?   No
 
Is future-year funding likely to be requested?   Unknown
 
Was this project included in an Agency's Budget Request?   No
 
Was this project included in the Governor's Recommended Budget? No
 
Is there a documented need for this project? Yes
  Documentation: City of Miami-Revitalization Study
 
Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)?   Yes
  Hearing Body: Miami-Dade County Legislative Delegation
  Hearing Meeting Date: 12/05/2002